IDA indiana resources limited

Ann: Stunning High-Grade Gold Results Continue at Minos Prospect, page-40

  1. 4,418 Posts.
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    Hi Grumpy8267,

    Not sure if you have read this, but on the I.D.A. website you will find a article from paydirt.

    Here just a few sentence, that I found very interesting in that article.

    Elsewhere in the district mining heavyweights such as Fortescue Metals Group Ltd and Vale SA have been accumulating ground and building exploration programmes.

    http://indianaresources.com.au/wp-content/uploads/2021/04/April-2021_Paydirt_Indianas-SA-crusade-starts-with-a-bang.pdf

    So it made think why is F.M.G. holding leases in the same region as I.D.A.
    I happen to do some research on the South Australia Government website and especially on the energy / mining page, where I found the list of Mineral Exploration Licence's, in S.A.

    https://www.energymining.sa.gov.au/minerals/exploration/exploration_licensing

    If you scroll down you can find M03 Mineral Exploration Licence Alphabetical Index.

    While this is some 571 pages long, I happen to scroll down Page 11 to 13 and you will find in which area F.M.G, has exploration licences.

    What got my interest, was that they have tenement's in Kingoonya and Tarcoola, with commodities in Base Metals, Gold, Iron Copper and Uranium.

    So if you then scroll down to Page 2, you will find I.D.A. are in the same region of Kingoonya and Tarcoola, as F.M.G. with also I.D.A. having Base Metals and Precious Metals.

    https://map.sarig.sa.gov.au/GeneratedFiles/DAILY/M03.pdf

    So my thought's are that once I.D.A. spend's money on the Drill Bit's hitting the ground and finding gold and other's metal's, such as Cobalt.
    As Bronwyn Barnes mention in her Samson video.

    Could we see F.M.G. doing a partnership with I.D.A. or even better and just maybe a Take Over, I don't know, but possible my dream could come true, I have not got a clue, but you will never know.

    IMHO.

    Regard's

    Rossi70

 
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